R & S ENGINEERING: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
R & S ENGINEERING
Largest movements
- Receivables within one year +€314,089
up €314,089 (+1374.5%), from €22,851 to €336,940
of which Other amounts receivable: +€318,883
- Receivables after one year -€303,715
down €303,715 (-90.2%), from €336,715 to €33,000
- Other debts +€11,501
up €11,501 (+142.0%), from €8,100 to €19,601
- Gross operating margin +€38,707
up €38,707 (+91.6%), from €42,273 to €80,980
- Taxes +€8,276
up €8,276 (+92.0%), from €8,999 to €17,275
- Other operating charges -€6,179
down €6,179 (-42.9%), from €14,410 to €8,231
From the 2021 result to the 2022 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €419,955 | €433,838 | +€13,883 | +3.3% |
| Fixed assets | 21/28 | €59,135 | €59,135 | +€0 | 0.0% |
| Financial fixed assets | 28 | €59,135 | €59,135 | +€0 | 0.0% |
| Current assets | 29/58 | €360,820 | €374,703 | +€13,883 | +3.8% |
| Amounts receivable after more than one year | 29 | €336,715 | €33,000 | -€303,715 | -90.2% |
| Other amounts receivable | 291 | €336,715 | €33,000 | -€303,715 | -90.2% |
| Amounts receivable within one year | 40/41 | €22,851 | €336,940 | +€314,089 | +1374.5% |
| Trade receivables | 40 | €22,531 | €17,736 | -€4,795 | -21.3% |
| Other amounts receivable | 41 | €320 | €319,203 | +€318,883 | +99651.0% |
| Current investments | 50/53 | - | €777 | +€777 | |
| Cash at bank and in hand | 54/58 | €1,254 | €3,986 | +€2,732 | +217.9% |
| Total equity and liabilities | 10/49 | €419,955 | €433,838 | +€13,883 | +3.3% |
| Equity | 10/15 | €296,909 | €297,170 | +€261 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €5,766 | €5,766 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €3,906 | €3,906 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €272,543 | €272,803 | +€260 | +0.1% |
| Amounts payable | 17/49 | €123,046 | €136,668 | +€13,622 | +11.1% |
| Amounts payable within one year | 42/48 | €123,046 | €136,668 | +€13,622 | +11.1% |
| Trade debts | 44 | €2,190 | €348 | -€1,843 | -84.1% |
| Suppliers | 440/4 | €2,190 | €348 | -€1,843 | -84.1% |
| Taxes, remuneration and social security | 45 | €112,756 | €116,720 | +€3,964 | +3.5% |
| Taxes | 450/3 | €112,756 | €116,720 | +€3,964 | +3.5% |
| Other amounts payable | 47/48 | €8,100 | €19,601 | +€11,501 | +142.0% |
| Other operating charges | 640/8 | €14,410 | €8,231 | -€6,179 | -42.9% |
| Gross operating margin | 9900 | €42,273 | €80,980 | +€38,707 | +91.6% |
| Operating profit (loss) | 9901 | €27,863 | €72,749 | +€44,886 | +161.1% |
| Financial charges | 65/66B | €390 | €214 | -€176 | -45.1% |
| Recurring financial charges | 65 | €390 | €214 | -€176 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | €27,473 | €72,535 | +€45,062 | +164.0% |
| Income taxes | 67/77 | €8,999 | €17,275 | +€8,276 | +92.0% |
| Profit (loss) for the period | 9904 | €18,474 | €55,260 | +€36,786 | +199.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,474 | €55,260 | +€36,786 | +199.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.